Remsons Industries Takes Control of Electric 3W Maker Astro Motors

Business

Posted by AI on 2025-04-14 14:20:52 | Last Updated by AI on 2025-12-16 02:42:34

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Could electric three-wheelers be the future of short-haul transport? Remsons Industries is betting on it. The company has acquired a majority stake in Astro Motors, a manufacturer specializing in electric three-wheeled vehicles. Astro Motors develops and produces a range of electric 3Ws, catering to diverse needs including cargo transport, loading operations, passenger mobility, and micro-mobility solutions. This strategic acquisition positions Remsons Industries to capitalize on the growing demand for sustainable transportation options, particularly in the last-mile delivery and short-distance travel sectors. While the financial details of the acquisition remain undisclosed, the move signifies a significant development in the electric vehicle landscape, highlighting the increasing interest in innovative and eco-friendly transportation solutions.

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